5115 Gulf Drive 1402, Panama City Beach, FL 32408 (MLS# 797097)


$415,000
5115 Gulf Drive 1402
Panama City Beach, FL 32408
MLS# 797097
1 beds  |  2 baths  |  883 sqft


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Property Description
Welcome to your private slice of paradise! The Seychelles Resort Condominium is renowned for its awe-inspiring views of the Gulf's emerald waters and is ideally situated along 200 feet of pristine, sandy beach, just steps from the renowned Schooners Restaurant. This exquisite 883-square-foot, one-bedroom, two-bathroom residence--featuring hallway bunks--comfortably accommodates up to six guests and is being sold fully furnished. This gulf-front gem has been thoughtfully maintained and features approximately $40,000 in enhancements completed in 2022, creating a stylish and comfortable coastal retreat. The updates include new lighting, luxury vinyl plank flooring throughout, an extended kitchen counter with sleek quartz countertops, and coordinating quartz finishes in both bathrooms. Fresh paint throughout, including the kitchen and bathroom cabinetry, and refinished smooth ceilings add to the clean, modern feel. The private balcony features upgraded patio furniture, while a new washer and dryer was installed to provide added convenience. These well-planned improvements enhance the unit's appeal and offer a welcoming space to enjoy gulf-front living. Seychelles Resort offers an array of exceptional amenities, including two gulf-front pools, a hot tub, a well-equipped fitness center, a conference center, and onsite rental and property management services. Residents and guests enjoy the added benefit of secure, covered parking with a convenient walkover to the beach. HOA fees cover all utilities, including electricity. Centrally located off Thomas Drive, Seychelles Resort is just minutes from marinas, shopping, dining, entertainment, and the scenic St. Andrews State Park. With excellent rental income potential, this is your chance to own a piece of the World's Most Beautiful Beaches. All measurements are approximate and should be verified by the buyer.

Details
Maps
General Property Info
Floor Number: 14
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 883
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 1
Full Baths: 2
Total Baths: 2
Year Built: 2006
Contract Info
List Price/SqFt: 469.99
Status: Active
List Date: 2026-10-27
List Price: $415,000
Current Price: $415,000
Location
Unit #: 1402
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Hathaway Bridge, traveling west on Highway 98, turn left onto Thomas Drive South. Follow Thomas Drive over Grand Lagoon Bridge to traffic light. Turn right at light and left on Gulf Drive. Seychelles Resort Condominium is located next to Schooners.
Area: 03 - Bay County - Beach
Street #: 5115
Street Name: Gulf
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Seychelles Resort Condominium
Parcel ID: 31437-400-118
Legal Description: SEYCHELLES RESORT CONDOMINIUM UNIT 1402 TYPE B ORB 2753 P 1936 1BR/BUNK/2BA ORB 4571 P 1893 883 SQ.FT
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 2369.8
HOA Frequency: Quarterly
HOA Annual Amount: 9479.2
New Buyer Fee: No
Last Taxes: 4023.23
Last Tax Year: 2025
Brokerage Interest: Owner Outside Licensee - Owner is a licensed real estate broker or salesperson.
As Is: No
Condo Doc: Yes
Remarks & Misc
Remarks: Welcome to your private slice of paradise! The Seychelles Resort Condominium is renowned for its awe-inspiring views of the Gulf's emerald waters and is ideally situated along 200 feet of pristine, sandy beach, just steps from the renowned Schooners Restaurant. This exquisite 883-square-foot, one-bedroom, two-bathroom residence--featuring hallway bunks--comfortably accommodates up to six guests and is being sold fully furnished. This gulf-front gem has been thoughtfully maintained and features approximately $40,000 in enhancements completed in 2022, creating a stylish and comfortable coastal retreat. The updates include new lighting, luxury vinyl plank flooring throughout, an extended kitchen counter with sleek quartz countertops, and coordinating quartz finishes in both bathrooms. Fresh paint throughout, including the kitchen and bathroom cabinetry, and refinished smooth ceilings add to the clean, modern feel. The private balcony features upgraded patio furniture, while a new washer and dryer was installed to provide added convenience. These well-planned improvements enhance the unit's appeal and offer a welcoming space to enjoy gulf-front living. Seychelles Resort offers an array of exceptional amenities, including two gulf-front pools, a hot tub, a well-equipped fitness center, a conference center, and onsite rental and property management services. Residents and guests enjoy the added benefit of secure, covered parking with a convenient walkover to the beach. HOA fees cover all utilities, including electricity. Centrally located off Thomas Drive, Seychelles Resort is just minutes from marinas, shopping, dining, entertainment, and the scenic St. Andrews State Park. With excellent rental income potential, this is your chance to own a piece of the World's Most Beautiful Beaches. All measurements are approximate and should be verified by the buyer.
Dining Room
First: 1
Pool Features
Inground: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Water Heater - Electric: 1
Interior Features
Breakfast Bar: 1
Floor - Vinyl Plank: 1
Lock Out Closet: 1
Window - Treatment All: 1
Construction/Siding
Concrete: 1
Siding - Stucco: 1
Exterior
Balcony: 1
Association Fees Include
Accounting: 1
Electricity: 1
Exercise Room: 1
Internet-WiFi: 1
Management: 1
Master Association: 1
Pest Control: 1
Pool: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Financing
Cash: 1
Conventional: 1
Furnished
Furnished: 1
Interior
Bunk Hallway: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Covenants & Rescrictions: 1
Waterfront: 1
Lot Access
Paved Road: 1
Parking Features
Gated: 1
Parking Garage: 1
Association Amenities
BBQ Pit/Grill: 1
Beach: 1
Community Room: 1
Elevators: 1
Exercise Room: 1
Pool: 1
Rooms
Dining Room: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Waterfront Type
Gulf: 1
Primary Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Primary Bath/Primary Bdrm
MBath Shower/Tub Combo: 1
Security Features
Smoke Detector(s): 1
Property Features
Appliances: Dishwasher; Disposal; Microwave; Range - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Primary Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central
Exterior: Balcony
Association Fees Include: Accounting; TV Cable; Electricity; Exercise Room; Internet-WiFi; Management; Master Association; Pest Control; Pool; Trash Disposal; Water
Financing: Cash; Conventional
Furnished: Furnished
Interior: Bunk Hallway
Kitchen: First
Living Room: First
Lot Features: Covenants & Rescrictions; Waterfront
Lot Access: Paved Road
Dining Room: First
Pool Features: Inground
Security Features: Smoke Detector(s)
Parking Features: Gated; Parking Garage
Association Amenities: BBQ Pit/Grill; Beach; Community Room; Elevators; Exercise Room; Pool
Rooms: Dining Room; Kitchen; Living Room; Primary Bedroom
Utilities: TV Cable; Electricity - Connected; Garbage; Public Water - Connected
Waterfront Type: Gulf
Waterview: Gulf
Room Information
Room Name Level Dimensions Length Width
Living RoomFirst16 x 1316.0013.00
Dining RoomFirst7 x 77.007.00
KitchenFirst8 x 68.006.00
Primary BedroomFirst12 x 1012.0010.00

Listing Office: The Premier Property Group

Last Updated: October - 27 - 2026

Information deemed reliable but not guaranteed.